Why James Corden Is Poised to Get a Huge Raise From CBS

CBS late-night host James Corden, who is still on the original deal he signed with the network when he arrived from the U.K. in 2014, is in “advanced talks” on a new multiyear deal with the network, Variety reports.

The new deal will reportedly keep him in place as host and executive producer of “The Late Late Show.” The deal he signed in 2014 has been set to expire at the end of the 2019-2020 season.

“Corden’s new contract is sure to come with a significant raise for the host at a time when top talent is commanding massive paydays for TV projects,” Variety reports. “Corden came in on the low end of the late-night TV pay scale as he was a largely unknown personality from the U.K. at the time. He was believed to have started out at around $4 million-$5 million a year but his ‘Late Late Show’ salary has climbed since then with the success of the show.”

The report notes that Corden’s show has received Emmy nominations for talk-variety show for the past three years.

Variety adds: “Keeping Corden in the fold is important to CBS, given the network’s strength in late-night at present with Stephen Colbert ascending to the No. 1 spot at 11:35 a.m. Corden and his team have also been powerhouses in generating buzzy digital content that has given CBS new relevance in the viral video arena.”

Corden’s “Carpool Karaoke” segments have been especially successful. Here’s one that has generated more than 16 million views on YouTube since it was posted in March …